Cushing-centric demand

  • Oil

ICE Brent crude oil remained at 68.9 $/b, as the API survey showed a continued drop in US crude stocks while refined product stocks dipped by a combined 7 mb, highlighting the strength of the US refined product market. European refining runs were recorded at 8.6 mb/d in April, only above last year’s slump by 2.5%.

wti-brent-future-curve
Share this news :

You might also read :

ES-oil
December 7, 2021

Physical trade boost

Crude prices climbed back above 74 $/b at the prompt, confirming that the liquidation experienced last week could be short-lived. Indeed, geopolitical risk in Saudi…
ES-economy
April 20, 2021

In uncertainty

When the economic agenda is empty, markets look elsewhere and these day they see most of countries remaining in the grip of the pandemic and…
ES-power
June 24, 2022

Increased hedging drove the carbon prices up

The European power spot prices faded yesterday amid forecasts of improving nuclear availability, a sudden surge of wind and hydro production and decreasing power demand.…
Join EnergyScan

Get more analysis and data with our Premium subscription

Ask for a free trial here

START A FREE TRIAL
Subscribe to our newsletter
LOG IN

Don’t have an account yet? 

Sign up here!
[booked-calendar]